My Zimbio Car Speaker Modification: Volkswagen Compete Camry In China At 2011

Volkswagen Compete Camry In China At 2011

Stuttgart, October 6, 2010 - Volkswagen AG some time ago has launched a brand-new medium of drawing named NMS sedan that will be marketed in the United States alone in the second half of 2011. But the newspaper said most brand sedan called the Toyota Camry would be a competitor that his plan will also be marketed in China.

As reported by, Thursday (7 / 10), medium sedan VW deliberately bringing it to China, to realize his ambition to be World wide biggest carmaker, Toyota in 2018 setting aside the next. Moreover, VW medium sedan market rate at the Bamboo Curtain country is also quite promising.

"We see demand for this type of car (sedan medium) continued to grow in several countries, including in China," said Ulrich Hackenberg, Head of VW Brand Development.

Europe's biggest carmaker had set a target amount of production reached 10 million units in 2018. This year VW adds two new factories in China to reach the amount of production to 3 million units within a period of four years.

No less than U.S. $ 8.3 million or approximately USD 7.54 billion digelontorkan VW to boost its production capacity and the number of models in China. During January to August this year, Volkswagen sales in the country reached 1.29 million units.

"China's automotive market is expected to grow 52 percent per year, so sales in nine years to reach 19.2 million units," said Hackenberg.

About the medium sedan market in the United States, Jonathan Browning, Head of VW in the United States claimed the new country markets Abang Sam's also has great potential.
"And all of that (sales in China and the United States) are part of our global expansion strategy," said a former executive at General Motors that.

As previously communicated, the medium sedan will be manufactured at the VW plant in Chattanooga, Tennessee, United States. Previously, VW has poured funds no less than U.S. $ 1 million or approximately USD 9 billion for plant expansion.

The manufacturer is confident presence sedan will be able to compete with the Toyota Camry, Nissan Altima and Honda Accord. The sedan tag of U.S. $ 20 thousand or approximately USD 180 million.
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